Westpark Capital Begins Coverage on Bridgeline Digital (NASDAQ:BLIN)

Westpark Capital assumed coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research report released on Tuesday morning, Benzinga reports. The brokerage issued a hold rating on the software maker’s stock.

Separately, StockNews.com initiated coverage on Bridgeline Digital in a research note on Thursday, July 18th. They set a hold rating on the stock.

Bridgeline Digital Stock Performance

Shares of BLIN stock opened at $0.94 on Tuesday. The firm has a 50 day moving average of $1.03 and a 200-day moving average of $1.04. The company has a market cap of $9.79 million, a price-to-earnings ratio of -0.98 and a beta of 1.92. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.03. Bridgeline Digital has a 52 week low of $0.70 and a 52 week high of $1.42.

Bridgeline Digital (NASDAQ:BLIN) last posted its quarterly earnings results on Tuesday, May 14th. The software maker reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04. Bridgeline Digital had a negative net margin of 65.95% and a negative return on equity of 74.05%. The business had revenue of $3.80 million during the quarter, compared to analysts’ expectations of $3.81 million. During the same period last year, the company posted ($0.05) earnings per share. On average, equities analysts forecast that Bridgeline Digital will post -0.22 earnings per share for the current year.

Bridgeline Digital Company Profile

Bridgeline Digital, Inc operates as a marketing technology company in the United States, Canada, and internationally. The company offers HawkSearch, a site search, recommendation, and personalization application for marketers, merchandisers, and developers; Celebros Search, a commerce-oriented site search product that provides natural language processing with artificial intelligence; and Woorank, a Search Engine Optimization (SEO) audit tool that generates an instant performance audit of the site's technical, on-page, and off-page SEO.